|Bid||9.50 x 308700|
|Ask||10.00 x 317700|
|Day's Range||9.63 - 9.73|
|52 Week Range||8.27 - 11.41|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.02|
|Expense Ratio (net)||0.85%|
Income-minded investors who are looking for alternative avenues of yield generation may consider master limited partnership exchange traded funds.
What Impacted Your Energy Portfolio?(Continued from Prior Part)Correlation with US crude oilOn May 9–16, major energy ETFs had the following correlations with US crude oil active futures:the VanEck Vectors Oil Services ETF (OIH): 90.7%the SPDR
Here is a look at ETFs that currently offer attractive income opportunities. The high-yield candidates included in this list meet two sets of criteria. First, each of these funds is deemed to be a high-yield prospect because it boasts an annual dividend yield upwards of 5%. Second, each of these ETFs also boasts over $100 million in total assets under management to help steer investors away from less established funds. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
Exploring Top Midstream Players' Price Targets in the Wake of Q1(Continued from Prior Part)MPLX’s price performanceMPLX (MPLX) has underperformed its midstream peers so far in 2019. The stock is up only ~1% so far in 2019. In comparison,
Master limited partnerships and energy infrastructure sector-related exchange traded funds stood out Friday after Australian-based IFM Investors agreed to buyout Buckeye Partners (NYSE: BPL) for $6.5 billion. ...
How Oil and Equity Market Are Affecting Your Energy Portfolio(Continued from Prior Part)Correlation with US crude oilOn May 2–9, major energy ETFs had the following correlations with US crude oil active futures:the SPDR S&P Oil & Gas
The Alerian MLP ETF (NYSE Arca: AMLP) declared its second quarter 2019 distribution of $0.195 on Wednesday, May 8th. The dividend is payable on May 16, 2019 to shareholders of record on May 10, 2019. ALPS Portfolio Solutions Distributor, Inc. is also the distributor for the Alerian Energy Infrastructure ETF and the ALPS|Alerian Energy Infrastructure Portfolio.
Energy Weekly: Will US Crude Oil Hold $60?(Continued from Prior Part)Energy subsector ETFsIn the week ending May 3, major energy subsector ETFs had the following performances:The VanEck Vectors Oil Services ETF (OIH) fell 5.5%.The SPDR S&P
Enterprise Products’ Q1 Earnings Beat Estimates(Continued from Prior Part)EPD’s capital projectsEnterprise Products Partners (EPD) spent $1.2 billion on capital projects in the first quarter. It expects to invest $3.4 billion to $3.8 billion on
What to Expect from Enterprise Products Partners’ Q1 Earnings(Continued from Prior Part)EPD’s Shin Oak pipeline Enterprise Products Partners (EPD) began operations at its Shin Oak pipeline in February 2019. The NGLs (natural gas liquids) pipeline
The narrative of a second-half 2019 recovery for the global economy is starting to gain wider-spreading credibility as optimism grows about closure to a U.S.-China trade deal and avoiding a hard-Brexit, asserts Bryan Perry, editor of Cash Machine.
Five MLPs with Strong Total Return Potential(Continued from Prior Part)Moving averages Currently, the Alerian MLP ETF (AMLP) is trading at $10.02—on par with its 200-day moving average level. AMLP is marginally above its 50-day moving average
Five MLPs with Strong Total Return Potential(Continued from Prior Part)EQM Midstream Partners So far, EQM Midstream Partners (EQM) has risen ~6% in 2019. Analysts seem cautious about the stock. Analysts have given EQM Midstream a target price of
Five MLPs with Strong Total Return Potential(Continued from Prior Part)Enable Midstream Partners Enable Midstream Partners (ENBL) has a potential upside of 24% based on its median target price of $16.91. Currently, Enable Midstream Partners is
Five MLPs with Strong Total Return Potential(Continued from Prior Part)Energy Transfer Based on Wall Street analysts’ consensus estimates, Energy Transfer (ET) stock has a target price of $20.83 compared to its current market price of $15.43,
Five MLPs with Strong Total Return PotentialStrong upside potential After a fairly strong start, MLPs have been dull for the last few months. So far, crude oil has risen more than 40% this year, while the Alerian MLP ETF (AMLP) has risen
Executive orders aim to foster oil and gas permitting, but Trump's own trade policies also put kibosh on rapidly growing export markets. President Donald Trump's executive orders to speed up approvals of new oil and gas pipelines is no doubt welcome in an industry long plagued by regulatory delays.
Markets opened the second quarter of 2019 on an upbeat mood thanks to progress in trade talks, manufacturing revival in the United States and China, and hopes of a soft Brexit.
Where Cheniere Energy Stock Could Head from Here(Continued from Prior Part)Cheniere Energy Partners’ yieldCheniere Energy Partners (CQP), Cheniere Energy’s MLP subsidiary, is currently trading at a distribution yield of 5.6%, lower than its
U.S. energy development could be the single most important driver of economic growth in America over the next 25 years. The idea that the U.S. has become one of the largest oil and gas producers in the world will continue to drive investment and prosperity well beyond just the oil fields.Source: Shutterstock Capital expenditures and investments should continue to swell, resulting in numerous other industries thriving on demand for equipment and technologies to expand production and efficiencies. And the expansion will mean more jobs and rising consumer demand -- fueling the economy towards further growth. In November 2017, the International Energy Agency (IEA) issued a forecast that U.S. crude-oil production will soar to 17 million barrels a day by 2030 from the current 11.9 million barrels per day. And the U.S. Energy Information Agency recently forecast that the U.S. will become a net oil exported by 2021. Click to Enlarge Source: U.S. Department of Energy & Bloomberg Now, this is not without the risk of supplies threatening prices. But as we seem to see, even with lower crude prices in prior years of 2015-2016, shale field efficiencies continue to improve. This means the cost of lifting oil and gas out of the ground could be much lower than in the last decade. Aiding prices though is the continued proof of the Organization of Petroleum Exporting Countries Plus Russia (OPEC+) reducing production per their agreement. The proof comes from tracked shipping from member nations.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut while there are opportunities in the production or upstream segment of the market, there's another area that shows lower potential price and supply risk than producers. * 10 Best ETFs for 2019: A Close Race at the Front My favorite part of the energy sector, which enjoys a collection of stocks in my Profitable Investing model portfolios, is the pipeline and storage terminal business. These outfits operate a steady, utility-like "toll taker" business -- still sensitive to the price of oil and gas, but not to the same extent as a producer or refiner who buys or sells crude would be.And my favorite among the pipeline companies are master limited partnerships (MLPs). With their rich quarterly cash payouts and tax advantages, MLPs are a kind of "wealth in the ground" investment.However, there are certain tax complications if you own MLPs directly. Limited partnerships send you a K-1 form at tax time instead of the usual 1099 for dividends. The K-1 is a fairly straight-forward document that for a long time, many investors needed the help of a professional tax preparer to help place all the numbers in the right slots on their returns. However, most tax software programs these days make K-1 forms pretty much plug and play.Furthermore, I don't recommend holding individual MLPs inside a tax-sheltered retirement account. Because of a quirk in the tax law, Uncle Sam may deem part of your MLP earnings to be Unrelated Business Taxable Income (UBTI). Inside a retirement account (yes, even a Roth IRA), you'll owe income tax on any UBTI credited to you above $1,000 a year.The solution to both of these problems is to invest in MLP funds -- particularly closed-end funds, but also some open-end funds and exchange-traded funds (ETFs) that are not partnerships themselves, but corporations that invest in partnerships (and, as such, pay taxes, but at the reduced corporate level, as do most ETFs).One MLP fund that has been a longtime Profitable Investing favorite of mine is the Alerian MLP ETF (NYSE:AMLP), which delivers exposure to the Alerian MLP Infrastructure Index, a capitalization-weighted composite of MLPs in the storage terminal and pipeline businesses. AMLP is unleveraged and totally eligible for IRAs and will give you a shot at earning exceptional returns from a deeply undervalued market sector -- you're looking at nearly an 8% current yield from exposure to a multiple of leading U.S. MLPs.And over the past trailing year alone, the ETF has generated a total return of 18.12%. Click to Enlarge Source: Bloomberg The largest holding in AMLP is Enterprise Products Partners (NYSE:EPD), a holding in my flagship Total Return Portfolio, also acknowledged as one of the strongest and safest pipeline partnerships, and another MLP that increased its quarterly distributions on average by nearly 5% per year over the past five years (it has either maintained or increased them for more than 50 quarters in a row). And the stock is a particularly good bargain as it's trading at a mere 1.7 times trailing revenues and just a bit more than twice its book value, which, given the limitations for new construction, makes it even more compelling to own. * 7 Energy ETFs That Could Be Running Out of Fuel Another of the largest holding is Magellan Midstream Partners, L.P. (NYSE:MMP), a stock in my Incredible Dividend Machine income portfolio -- a superbly managed pipeline partnership with a rock-ribbed balance sheet that managed strong business momentum and a 12% increase in its payout over the past five years (a period of severe testing for the oil-and-gas industry). The company has wide operating margins at over 42%, making for great efficiency. And the debts are controlled at only 6% of assets.If you're an investor with a time horizon of three to five years, or longer, I think you'll be very pleased with the returns you chalk up on high-quality energy assets purchased at today's bargain prices in the Alerian MLP ETF.You'll be receiving a near 8% yield on your investment while you're watching your shares of the ETF appreciate in value as the U.S. petroleum market further develops and expands.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post Why Alerian MLP Is the High-Yield ETF Everyone Should Own Now appeared first on InvestorPlace.
What Has Limited Your Energy Portfolio Gains in Q1?(Continued from Prior Part)Correlation with US crude oilSo far in the first quarter, major energy ETFs had the following correlations with US crude oil active futures:the VanEck Vectors Oil
Will TC PipeLines Maintain Its Rally?(Continued from Prior Part)Short interestThe short interest in TC PipeLines (TCP) fell 22.7% to ~1.1 million shares on March 15. A fall in the short interest indicates that fewer investors expect the price of the
Analyzing Energy Transfer's Recent Indicators(Continued from Prior Part)Implied volatility Recently, Energy Transfer (ET) stock had an implied volatility of 23%, which is close to its 15-day average volatility. The implied volatility indicates
Analyzing Energy Transfer's Recent Indicators(Continued from Prior Part)Valuation Currently, Energy Transfer (ET) is trading at a forward EV-to-EBITDA multiple close to 11x based on the consensus earnings estimates for the next 12 months. The stock